In a recent development, ADT Corp (NYSE: ADT) has announced the appointment of Jeffrey A. Likosar as its permanent Chief Financial Officer (CFO). The decision was made by the company's board of directors on April 18, 2024. Likosar, who is 53 years old, has been serving as ADT's President, Corporate Development and Chief Transformation Officer, as well as the Interim CFO since December 2023.
This is not Likosar's first tenure as CFO of the security solutions provider. He previously held the position from February 2017 until August 2022, bringing a wealth of experience and continuity back to the executive team. His reappointment as CFO marks a return to a role in which he has already spent several years shaping the financial strategies of ADT.
ADT has not disclosed further details regarding the strategic implications of this appointment. However, the move solidifies the company's financial leadership structure as it continues to navigate the competitive landscape of the security and automation industry.
The information contained in this article is based on a press release statement from ADT Corp. and reflects the company's latest executive management changes.
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